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Hardcover Textbook

Publisher:

Palgrave Macmillan

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ISBN:
9780230222519
/ 023022251X
The Isolated State in Relation to Agriculture and Political Economy: Part III: Principles for the Determination of Rent, the Most Advantageous ... Value of Stands of Varying Age in Pinewoods
by:Johann von Thünen

This volume is the first ever English translation of Part III of von Thünen`s famous “Isolated State”. It deals with the optimum rotation period of woods a central problem of capital theory which has been studied by many famous economists. Thünen’s early approach to the problem compares very well with most of the later attempts.

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